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Australian Pay TV Giant Foxtel Lays off 200 Amid Virus Crisis

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hollywoodreporter.com

Australian pay TV giant leader Foxtel, which is majority-owned by Rupert Murdoch's News Corp, has laid off 200 employees and put 140 additional staffers on leave until June amid the new coronavirus pandemic.

The company's sports unit, which has been lacking fresh content amid the novel coronavirus' spread that has led to sports events being postponed or canceled, was hardest hit.

The moves affect 12 percent of Foxtel's 2,800 employees, with the layoffs hitting for 7 percent of its staff. "The actions we have had to take this week make it one of the toughest in Foxtel’s history," local media reports quoted Foxtel CEO Patrick Delany as saying in a staff memo.

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